§ Mr. Stephen O'BrienTo ask the Chancellor of the Exchequer what research he has commissioned into the effect tax incentives may have on the level of UK private investment in less developed countries. [103521]
§ John HealeyThe UK Government believes that the establishment of a good overall investment climate, rather than the use of tax incentives, is the most effective way of encouraging more productive private investment in developing countries. Through the Department for International Development the UK funds two research centres which conduct research into issues relating to private investment in developing countries.